REAL ESTATE AUCTION – 175.83 Acre Development Tract

REAL ESTATE AUCTION

175.83 Acre Development Tract

Old Knoxville Hwy & Red Cedar Ridge Rd., Sevierville, TN

AUCTION DATE/TIME: Thursday, April 18^th at 12:00pm noon

Auction to be conducted from The Sevierville Convention Center, Meeting Room C

202 Gist Creek Rd, Sevierville, TN 37876

Inspection: Property can be inspected at any time (call for gate code)

BID LIVE AND ONLINE

• 175.83 Acres (Two Tax Parcels Being Sold Together)
• Mountain and Golf Course Views
• 2,200 Feet Frontage on Red Cedar Ridge Rd.
• Additional Frontage on Reed Schoolhouse Rd.
• Municipal Water/Sewer Close By (on Old Knoxville Hwy)
• Located Approx. 1.5 Miles from Hwy 66, Main Tourism Corridor for Sevier County
• Traffic Count of 41,000+ Vehicles Daily on Hwy 66
• Ideal for Multi Family Development, Hotel or Tourism Development

TN License #62

• Successful bidders will deposit 10% of the purchase price and is due Sale day in the form of cash, cashier’s check, personal or company check plus a real estate sales contract must be signed.
• Balance is due in certified funds at closing.

• Tract G1 and G2 175.83 Acres Sevierville Broker Participation Form

• TCL - Tourist Commercial District (City of Sevierville)

• Area Map
• Example Concept Plan
• FEMA Flood Map
• Property Survey
• Sample Special Warranty Deed
• Sevier County Hospitality Industry Information
• Sevier County Impact of Travel Study
• Sevier County Market Data
• TCL Zoning Ordinance (City of Sevierville)
• Title Commitment Exception Documents
• Title Commitment
• Topo Map
• Utility Map with Topo
• Utility Map
• You want to be in Sevierville
• Zoning Map (City of Sevierville)

• Electric: Sevier County Electric
• Water: City of Sevierville
• Sewer: City of Sevierville
• Gas: N/A

• Sevier County Real Estate Taxes:          $3,859.04
• City of Sevierville Real Estate Taxes:     $1,031.15

• Any back/delinquent taxes will be paid by seller
• Buyer is responsible for pro-rata share of current year taxes at closing

• From intersection of Interstate 40 & Winfield Dunn Parkway (TN-66), take Winfield Dunn Parkway towards Sevierville and travel approx. 4.4 miles. Turn right onto Boyds Creek Hwy and travel approx. 1.34 miles. Turn left onto Old Knoxville Hwy and travel approx. 1.26 miles. Turn right onto Reed Schoolhouse Rd. and travel approx. 0.2 miles to property on right.